{"id":795596,"date":"2024-12-17T16:18:24","date_gmt":"2024-12-17T21:18:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mastercard-board-of-directors-announces-quarterly-dividend-and-12-billion-share-repurchase-program\/"},"modified":"2024-12-17T16:18:24","modified_gmt":"2024-12-17T21:18:24","slug":"mastercard-board-of-directors-announces-quarterly-dividend-and-12-billion-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mastercard-board-of-directors-announces-quarterly-dividend-and-12-billion-share-repurchase-program\/","title":{"rendered":"Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program<\/b><\/p>\n<p>PURCHASE, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share, a 15 percent increase over the previous dividend of 66 cents per share. The cash dividend will be paid on February 7, 2025 to holders of record of its Class A common stock and Class B common stock as of January 9, 2025.<\/p>\n<p>\nThe Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock.<\/p>\n<p>\nThe new share repurchase program will become effective at the completion of the company\u2019s previously announced $11 billion program (December 2023). As of December 13, 2024, the company had approximately $3.9 billion remaining under the current approved share repurchase program.<\/p>\n<p><b>About Mastercard Incorporated (NYSE: MA)<\/b>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.mastercard.com&amp;esheet=54168285&amp;newsitemid=20241217074044&amp;lan=en-US&amp;anchor=www.mastercard.com&amp;index=1&amp;md5=e950ba936d3d69ed3b2ae94ab0786f42\">www.mastercard.com<br \/>\n<\/a><br \/>Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we\u2019re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.<\/p>\n<p><b>Forward Looking Statements<br \/>\n<br \/><\/b>Statements in this press release which are not historical facts are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words \u201cbelieve\u201d, \u201cexpect\u201d, \u201ccould\u201d, \u201cmay\u201d, \u201cwould\u201d, \u201cwill\u201d, \u201ctrend\u201d and similar words are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements relating to the manner and amount of purchases by Mastercard pursuant to its share repurchase program dependent upon price and market conditions, as well as Mastercard\u2019s future prospects, developments and business strategies. Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements made in this press release or to conform such statements to actual results or changes in the company\u2019s expectations.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241217074044r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241217074044\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241217074044\/en\/<\/a><\/span><\/p>\n<p><b><i>Mastercard Investor Relations<br \/>\n<\/i><\/b><br \/><i>Jud Staniar, 914-249-4565<br \/>\n<\/i><br \/><i><a rel=\"nofollow\" href=\"mailto:investor.relations@mastercard.com\">investor.relations@mastercard.com<\/a><\/i><\/p>\n<p><b><i>Mastercard Communications<br \/>\n<\/i><br \/><\/b><i>Seth Eisen, 914-249-3153<br \/>\n<\/i><br \/><i><a rel=\"nofollow\" href=\"mailto:Seth.Eisen@mastercard.com\">Seth.Eisen@mastercard.com<\/a><\/i><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Networks Finance Banking Professional Services Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241217074044\/en\/703302\/3\/Mastercard_Symbol_Brand.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program PURCHASE, N.Y.&#8211;(BUSINESS WIRE)&#8211; Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share, a 15 percent increase over the previous dividend of 66 cents per share. The cash dividend will be paid on February 7, 2025 to holders of record of its Class A common stock and Class B common stock as of January 9, 2025. The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock. The new share repurchase program will become effective at the completion of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mastercard-board-of-directors-announces-quarterly-dividend-and-12-billion-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-795596","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mastercard-board-of-directors-announces-quarterly-dividend-and-12-billion-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Mastercard Board of Directors Announces Quarterly Dividend and $12 Billion Share Repurchase Program PURCHASE, N.Y.&#8211;(BUSINESS WIRE)&#8211; Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share, a 15 percent increase over the previous dividend of 66 cents per share. The cash dividend will be paid on February 7, 2025 to holders of record of its Class A common stock and Class B common stock as of January 9, 2025. The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock. 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